China Inflation Rate

Inflation Rate in China decreased to 1.50 percent in December from 2.30 percent in November of 2021. Inflation Rate in China averaged 4.94 percent from 1986 until 2021, reaching an all time high of 28.40 percent in February of 1989 and a record low of -2.20 percent in April of 1999. In China, the most important components of the CPI basket are Food (31.8 percent of total weight) and Residence (17.2 percent). Recreation, Education and Culture Articles account for 13.8 percent; Transportation and Communication for 10 percent, Healthcare and Personal Articles for 9.6 percent, Clothing for 8.5 percent; Households Facilities, Articles and Services for 5.6 percent; Tobacco, Liquor and Articles for the remaining 3.5 percent. The CPI basket is reviewed every five years on the basis of household surveys. Revisions reflect new spending patterns and economic development, according to the National Bureau of Statistics. Last revision took place in 2011. This page provides — China Inflation Rate — actual values, historical data, forecast, chart, statistics, economic calendar and news.

admin

Read Previous

United States IBD/TIPP Economic Optimism Index

Read Next

China Food Inflation

Leave a Reply

Ваш адрес email не будет опубликован. Обязательные поля помечены *